News Page 22 / 1347
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- September 9 2026
Japanese P&C carriers’ underwriting profit rebounds 186% to US$2.3bn in FY25: Toa Re
Improvement driven by an increase in net premium income and a drop in net claims paid, reflecting lower earthquake claims following the 2024 Noto Peninsula earthquake.
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- September 9 2026
Tokio Marine HCC International completes Direct Commercial acquisition
UK commercial motor specialist will continue to operate as a standalone business, while the acquisition also includes sister company, Direct Commercial Premium Finance.
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- September 9 2026
S&P upgrades PICC Re outlook following China’s financial sector recapitalisation
Rating agency says the reinsurance arm of Chinese insurer PICC remains 'highly strategic' to its parent and will benefit from the stronger capital buffers.
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- September 9 2026
‘World first’ Lloyd’s-backed insurance solution opens China’s equestrian market to global horse imports
Underwritten by CPPIC, with supporting capacity from a syndicate at Lloyd’s of London, Hong Kong-based specialist insurance broker MG Geraghty Insurance Brokers confirms the 'important development' for owners, trainers, breeders, exporters.
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- September 9 2026
Axa XL appoints Markus Posberg as property, construction, energy CUO for APAC and Europe
Cologne-based Posberg brings extensive technical experience, most recently as head of property, construction and energy for Germany.
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- September 9 2026
Pacific Life Re executes first asset-intensive reinsurance deal in Hong Kong
Transaction involves a block of whole life liabilities of a pan-Asian insurer.
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- September 9 2026
Opinion: In a time of war, will other Asian nations follow in Japan’s wake?
Japan is the latest to explore a state-sponsored marine insurance scheme, but the move raises profound questions for maritime reinsurance across Asia.
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- September 8 2026
Maybank signs deal to acquire insurer Etiqa from Ageas by Friday
Agreement sees Ageas sell its 30.95% stake to its joint venture partner for US$1.2bn.
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- September 8 2026
China’s ‘rare’ US$9bn insurance sector recapitalisation enhances risk resilience: analysts
Ministry of Finance has announced a US$54bn plan to recapitalise the financial system to enhance its capital strength and boost economic growth.
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- September 8 2026
Marsh’s Peter Sun joins Aviso Specialty as COO for schemes, affinity
Sydney-based Sun was previously Pacific COO for affinity at Marsh.
